ARROW FINANCIAL CORP·4

Mar 20, 2:08 PM ET

Duffy Kristine D 4

4 · ARROW FINANCIAL CORP · Filed Mar 20, 2026

Research Summary

AI-generated summary of this filing

Updated

Arrow Financial Director Kristine Duffy Acquires 236 Shares

What Happened

  • Kristine D. Duffy, a director of Arrow Financial Corp. (AROW), was credited with 236 shares on 2026-03-18 at $31.76 per share (total value ≈ $7,495). The transaction is reported as an "Other acquisition or disposition" (code J) and is disclosed as the quarterly director's retainer payment.

Key Details

  • Transaction date and price: 2026-03-18, 236 shares @ $31.76.
  • Reported value: approximately $7,495.
  • Filing date: Form 4 filed 2026-03-20 (timely; no late-filing flag reported).
  • Footnotes: F1 indicates this was the quarterly director retainer payment. F2 and F3 note an additional 10 and 9 shares, respectively, were acquired under the company’s DRIP since Jan 28, 2026 and are being furnished to disclose total holdings. F4 states the reporting person disclaims beneficial ownership of these securities.
  • Shares owned after transaction: not specified in the provided filing data.

Context

  • Code J typically denotes a non-standard acquisition; here the filing identifies the shares as director compensation (retainer), a routine, non-market purchase. Such retainer-share issuances are compensation events rather than open-market bullish purchases and should be interpreted accordingly.

Insider Transaction Report

Form 4
Period: 2026-03-18
Transactions
  • Other

    Common Stock

    [F1][F2]
    2026-03-18$31.76/sh+236$7,4956,202 total
Holdings
  • Common Stock

    [F3][F4]
    (indirect: By Spouse)
    1,030
Footnotes (4)
  • [F1]Quarterly Director's Retainer Payment
  • [F2]The information provided reflects 10 shares acquired under the Company's DRIP since January 28, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.
  • [F3]The information provided reflects 9 shares acquired under the Company's DRIP since January 28, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.
  • [F4]The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for any purpose.
Signature
Penko Ivanov, Attorney in Fact|2026-03-20

Documents

1 file
  • 4
    wk-form4_1774030132.xmlPrimary

    FORM 4